Welfare for the Wealthy : Parties, Social Spending, and Inequality in the United States
Book Details
Format
Hardback or Cased Book
ISBN-10
1107101018
ISBN-13
9781107101012
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 22nd, 2015
Print length
268 Pages
Weight
564 grams
Dimensions
16.10 x 23.70 x 2.40 cms
Product Classification:
United States of America, USASocial discrimination and social justiceSocial discrimination & inequalitySocial welfare & social servicesSocial welfare, social policy and social servicesPolitical structure & processesPolitical structure and processesWelfare economicsWelfare economicsPublic financePublic finance and taxation
Ksh 17,100.00
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Welfare for the Wealthy examines how political party power influences both public spending and private subsidies and how, in turn, these changes affect inequality. Christopher G. Faricy finds that both Democrats and Republicans have increased federal social spending, but differ in how they spend federal money, and which socioeconomic groups benefit.
How does political party control determine changes to social policy, and by extension, influence inequality in America? Conventional theories show that Democratic control of the federal government produces more social expenditures and less inequality. Welfare for the Wealthy re-examines this relationship by evaluating how political party power results in changes to both public social spending and subsidies for private welfare - and how a trade-off between the two, in turn, affects income inequality. Christopher Faricy finds that both Democrats and Republicans have increased social spending over the last forty-two years. And while both political parties increase federal social spending, Democrats and Republicans differ in how they spend federal money, which socioeconomic groups benefit, and the resulting consequences for income inequality.
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